Table 2 Bound tests for co integration: F-test and t-test
From: Impact of petroleum and non-petroleum indices on financial development in Oman
F-Bounds Test Null Hypothesis: No levels relationship | ||||
Test Statistic | Value | Levels of Significance. | Upper I(0) | Lower I(1) |
F-statistic | 6.963107 | 10% | 2.2 | 3.09 |
k | 4 | 5% | 2.56 | 3.49 |
2.50% | 2.88 | 3.87 | ||
1% | 3.29 | 4.37 | ||
t-Bounds Test Null Hypothesis: No levels relationship | ||||
Test Statistic | Value | Sig. | I(0) | I(1) |
t-statistic | −6.53647 | 10% | −2.57 | −3.66 |
5% | −2.86 | −3.99 | ||
2.50% | −3.13 | −4.26 | ||
1% | −3.43 | −4.6 | ||